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Settle Smart Ltd. Announces SOC 2 Type I Security Certification

Jacob Cathro
Content Writer

Settle Smart Ltd. Announces SOC 2 Type I Security Certification

After a successful first round of seed funding, Settle Smart Ltd. has now achieved System and Organization Controls 2 certification—solidifying the trustworthiness of their services.

Settle Smart Ltd.—the parent company of PainWorth and Adjustly—announced that it has achieved SOC 2 Type I compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations, also known as SSAE 18.

Achieving this standard serves as third-party industry validation that Settle Smart Ltd. provides enterprise-level security for customer’s data secured in the Settle Smart Ltd. system and its applications: PainWorth and Adjustly.

  • PainWorth: A subscription-based software platform that helps claimants settle their personal injury claims.
  • Adjustly:   A   subscription-based   software   platform   that   used   artificial   intelligence   and computer automation to assist professionals manage their client’s bodily injury claims.

Settle Smart Ltd. was audited by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting in the US and Canada and provides risk management and assurance services including SOC2, PCI, ISO, NIST, GDPR, and many others.

For more information about Prescient Assurance, you can reach them at info@prescientassurance.com.

A SOC 2 Type I audit report demonstrates to Settle Smart Ltd.’s current and future customers that their data is managed with the highest standard of security and compliance.  

About Settle Smart Ltd.

Settle Smart Ltd. was founded by 2019, after co-founder Mike Zouhri was struck at a red light by a speeding, drunk driver who fled the scene of the accident.  Settle Smart Ltd. is the parent organization to PainWorth and Adjustly. These companies use data science and machine learning to automate the bodily injury claims settlement process for claimants and adjusters.

PainWorth and Adjustly are the easiest way for claimants and insurance industry professionals to calculate the value of bodily injuries and settle claims faster.  

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